J. Zechner Associates Inc. has chosen CIBC Mellon Global Securities Services Company to provide asset servicing support for its family of pooled funds, including global custody, fund accounting, unitholder recordkeeping, foreign exchange and securities lending services.

“We have experience working with CIBC Mellon through our relationships with common institutional clients,” says John Zechner, chairman and chief investment officer, J. Zechner Associates, Inc. “CIBC Mellon shares our entrepreneurial drive and commitment to professional excellence, which brings us tremendous comfort as we extend their services to our family of pooled funds.”

“J. Zechner Associates has built a strong reputation for itself in the Canadian asset management market over the past 15 years,” says Thomas C. MacMillan, president and chief executive officer, CIBC Mellon. “We are committed to helping them meet their long-term growth objectives as they reduce risk, and leverage our robust technology platform to realize new operational efficiencies.”

Toronto-based J. Zechner Associates Inc. manages more than $2 billion in assets for pension funds, institutions and mutual fund companies, family trusts, endowments, and high net worth individuals.

To comment on this story, email jody.white@rci.rogers.com.

Copyright © 2020 Transcontinental Media G.P. Originally published on benefitscanada.com

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